Legal Question in Real Estate Law in Florida

i have a client interested in purchasing a property and would like the deed to be in his name as well as the woman he is with- they are not married and they are foreigners (venesuala). They want to make sure that if one dies the other will get it without the hefty tax. how much does this cost to make a trust.


Asked on 10/15/10, 10:51 am

2 Answers from Attorneys
Richard Kaplan

A joint trust costs $850 plus any recording costs, if any. I am not so sure about what taxes you are talking about. Especially because the area of estate taxes are unclear right now.

They also may want to consider forming a LLC to hold the property, and own the LLC jointly. It's a little more expensive, but may be more advantageous.

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Answered on 10/20/10, 11:42 am
David Slater David P. Slater, Esq.

Aquiring title as joint owners with right of survivorship is another option

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Answered on 10/23/10, 9:05 pm


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